Govt sits on files: 106 vacancies in 32 PSUs for independent directors

The absence of independent directors on PSU boards raises questions of corporate governance and poses a challenge for the government’s target of raising Rs 41,000 crore.


Indian PSUs, the torch bearers for new capex cycle

PSUs in India have generated a record $9 bn in free cash flows during FY15.

FinMin schemes: Infrastructure push planned through NIIF, tax free bonds

Announced as part of the Union Budget 2015-16, the NIIF will have an allocation of Rs 20,000 crore, half of which is expected to come from blue chip public sector units.

Arun Jaitley

Editorial: Optical illusion

Private sector chairman won’t help NOFN take off.

‘Ore impost could almost nullify SAIL’s margins’

At a time when domestic steel demand is tepid, the potential additional outgo on captive iron ore, the key input that makes more than...

Govt decides to shut seven more terminally ill PSUs

The government has approved closure of seven terminally ill public sector units, including HMT Watches...

loan against shares

Public issue of NCDs falls 78% on lack of tax-free bonds in FY15

The public issue of non-convertible debentures (NCDs) fell more than 78% in FY15 compared with FY14, according to Sebi data till Wednesday.

Sebi unlikely to halt trading of PSU stocks on auction day

Sebi is likely to turn down the department of disinvestment’s request to halt trading of shares of public sector companies on the day the government auctions...

Union Budget 2015: Gilt fund may steal infra bond thunder

Some bond market experts expect the issuance limit for tax-free infra bonds to be in the range of Rs 50,000 crore to Rs 70,000 crore.

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A section of Coal India Limited unions oppose stake sale

A day after the government decided to sell up to 10 per cent stake in Coal India Ltd, some of trade unions the PSU...

coal india

IT sector delivers big bucks, but PSUs play party spoiler: Report

After a gap of nine years, the IT space has emerged...

PSU bankers paid very poorly, rues SBI chief

SBI chief Arundhati Bhattacharya today said that bankers are paid very poorly in India, especially at public sector banks.


Time to revisit Roongta report

The government needs to expedite implementation of Roongta committee recommendations aimed at making...

Income Tax Calculator, Budget 2019, How to Calculate Income Tax

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